Golem

Golem

Decentralized peer-to-peer marketplace for computing power

Launch Year
2016
Consensus
Proof of Stake (Ethereum)
Max Supply
1,000,000,000 GLM
Block Time
~12 seconds
GLM
GLM
Golem
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap GLM Now
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Golem Price Chart

GLM / USD
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About Golem

Golem (GLM) is a decentralized marketplace for computing resources, enabling anyone to rent out their unused CPU/GPU power or purchase computing services. Originally launched as GNT in 2016 and rebranded to GLM in 2021, Golem connects requestors who need computation with providers who have spare hardware. Use cases include CGI rendering, machine learning, scientific computing, and data analysis. The Golem Network runs on Ethereum, with payments settled in GLM. Providers earn GLM for compute time, while requestors pay in GLM based on task complexity and duration.

History

2016
Golem raises 820,000 ETH (~$8.6M) in one of the first major blockchain ICOs
2018
Brass Golem launches — first production version enabling CGI rendering tasks
2020
Clay Golem improves task API; multiple new use cases beyond rendering
2021
GNT migrates to GLM (ERC-20); New Golem launches with improved architecture

How to Swap GLM

Swapping Golem (GLM) on SyntheticSwap is quick and requires no account or KYC. Since GLM is an ERC-20 token on Ethereum, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, Rainbow, or Ledger Live. Open SyntheticSwap, select GLM as your source or destination asset, enter your receiving wallet address, and review the floating exchange rate. Once you send GLM to the deposit address provided, the destination asset is delivered directly to your wallet. The process is fully non-custodial — SyntheticSwap never holds your tokens at any point.

How to Store GLM

GLM (ERC-20) is stored in MetaMask, Ledger, or any Ethereum wallet. Golem's desktop app provides a built-in wallet for providers and requestors using the network.

Frequently Asked Questions